Search For "gst rationalisation"
India's economy poised for strong FY26 growth amid policy reforms and stab
Updated : 4 months, 2 weeks ago IST
India's economy continues to gather pace, with recent government reforms and monetary measures expected to sustain growth momentum while keeping inflation in check, according to the Monthly Economic Review for September 2025 released by the Department of Economic Affairs, Ministry of Finance
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Trump tariffs to dent India leather industry revenue 10-12% current fiscal
Updated : 4 months, 3 weeks ago IST
Faced with US tariffs, India's leather and allied products industry are expected to see revenue decline 10-12 per cent this current fiscal, according to Crisil Ratings.
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India's festive spending peaks with Rs 5.40 lakh crore in goods, Rs 65,000
Updated : 4 months, 3 weeks ago IST
Sales of Rs 5.40 lakh crore in goods and Rs 65 thousand crore in services across the country marked India's highest-ever Diwali season turnover, underscoring a historic surge in retail trade and consumer spending during the 2025 festive season.
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GST rationalisation to boost organised apparel retail revenue growth by 20
Updated : 4 months, 3 weeks ago IST
The recent rationalisation of Goods and Services Tax (GST) is expected to add about 200 basis points to the revenue growth of India's organised apparel retail sector this fiscal, keeping it steady at 13-14 per cent for the second straight year, according to a Crisil Ratings report.
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GST rationalisation to boost consumption growth: Finance Ministry
Updated : 5 months, 1 week ago IST
"More importantly, measures to simplify the GST registration mechanism, particularly for small suppliers making supplies through e-commerce operators and an easier refund mechanism, are expected to lower input costs and improve liquidity for companies, while giving a thrust to Make in India,
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Come Nov 1, small, low-risk businesses will get GST registration approval
Updated : 5 months, 1 week ago IST
"On registration, we have gone to and fro. Earlier, we had a very simplified system, and because of its misuse, we made it tighter again. However, there have now been complaints from small traders, particularly small operators. We are rolling out a new scheme from November 1, 2025," the Spec
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Re-labelling medicines not mandatory, but consumers will avail GST benefit
Updated : 5 months, 1 week ago IST
The sweeping GST reforms unveiled on September 3, among others, have provided a substantial relief on health care, with taxes being either fully exempted or brought down to the lowest slab.
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Auto component industry backs GST reforms, seeks rare earth solutions
Updated : 5 months, 1 week ago IST
Auto component industry leaders on Friday voiced optimism over the recent GST rationalisation and the free trade agreements (FTAs) the government is working on.
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No impact on pouched milk prices because of GST rationalisation as GST on
Updated : 5 months, 1 week ago IST
There will be no impact on packaged milk prices because of Goods and Services Tax (GST) changes from September 22nd.
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GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to d
Updated : 5 months, 1 week ago IST
Consumption in India is expected to register a net gain of nearly Rs 1 lakh crore from September onwards, driven by the recent Goods and Services Tax (GST) rationalisation, according to a report by Bank of Baroda.
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"Bad decision being corrected, not being apologised for": Aaditya Thackera
Updated : 5 months, 1 week ago IST
Shiv Sena (UBT) leader Aaditya Thackeray on Friday slammed the Modi government, saying that GST rationalisation was a "bad decision being corrected" and instead of being apologetic, it is "arrogantly being marketed as a gift".
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GST rationalisation could increase pressure on the oil and gas sector, say
Updated : 5 months, 1 week ago IST
The recent rationalisation of Goods and Services Tax (GST) is set to bring both relief and challenges across India's key sectors, according to the ICRA press release. However, in the oil and gas sector, the move could increase pressure.
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